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4617 Beach Drive E, Port Orchard, WA, 98366

8beds
8baths
4,664sqft
$1,170,000
$251price/sqft
$7,305/moest. monthly cost
$292,200/yrincome needed

About This Home

Looking for a great investment with positive cash flow? Here's your chance to own not just 1 duplex but 2 duplexes in this beautiful area of Beach Drive in Port Orchard! Each unit has 2BR & a full bath plus a very unexpected half bath for guests. The layout is great! Living, Dining, Kitchen, & half bath on the main floor and 2 BR, full Bath and Laundry below plus storage. Each has its own deck looking out to Sinclair Inlet where the WA State Ferries travel several times a day along with a multitude of marine life to see in their natural habitat. Having the bonus of a garage is also very attractive to tenants. There is no better price per unit in much of Kitsap than these 2 duplexes. Rental demand is high and inventory is low. These units have never stayed empty very long. Rent payments are below the current market rates. An investor could create a bigger cap rate and would truly benefit from these duplexes in their portfolios. Don't miss the amazing view!! Please NO drive-bys.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

6/10
7/10
South Kitsap High SchoolGrades 9-123.4 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1980

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1980

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8

Features

  • Window features: Thermal Windows
  • Flooring: Laminate,Vinyl,Carpet

Heating & Cooling

  • Heating features: Baseboard,Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 4,664
  • Total interior livable area: 4,664 sqft

Property

Details

  • Parcel number: 17240211262004
  • Zoning description: Multi-Family,Jurisdiction: County
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: Bay,Mountain(s),Partial,Territorial
  • Has water view: Yes
  • Water view: Bay

Lot

  • Lot size: 0.75 Acres
  • Features: Dead End Street,Cable TV,Deck

Parking

  • Total spaces: 8
  • Parking features: Garage
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Landslide
    LandslideRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Landslide
Coastal Flooding
Heat Wave
Winter Weather

FEMA Declared Disasters in Kitsap County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,916$70,992
Home Insurance *$294$3,528
Property Taxes $776$9,312
Electricity $319$3,828
Total$7,305$87,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$250,457/yr
40% on housing$219,150/yr
45% on housing$194,800/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$251This listing

vs Other Active Listings

Avg $/sqft

ZIP 98366$232
Kitsap County$293

vs Homes Sold Last Month

Median $/sqft

ZIP 98366$306
Kitsap County$302

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$1,170,000
2023-07-13Listing removed--
2023-06-30Price change$1,550
2023-05-23Listed for rent$1,650
2017-04-03Sold$525,000
2017-04-02Pending sale$549,900

For Sale by Agent

AgentGloria Mellon
BrokerageBetter Properties Kitsap

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